Mumbai Compute & Energy Meetup
Bitcoin is no longer a niche computing experiment, it's a power market participant, a grid asset, and increasingly a financial primitive.
For one afternoon in Mumbai, we're covering four subjects that are collapsing into one another: how power gets priced, how AI data centers are rewriting load growth, what actually happens inside an AI HPC cluster, how Bitcoin mining monetizes stranded energy, and how to borrow against BTC without selling it.
Four focused 30-minute sessions. No hype, no price predictions; just mechanics, numbers, and open questions.
Agenda
11:00 AM - Session 1: Energy Markets & Where We Stand Today (30 min)
How electricity is priced, who sets the marginal cost, and why the last 24 months broke the old assumptions. Wholesale vs. retail structures, capacity and ancillary markets, India's power exchange landscape, and the demand shock nobody modelled: hyperscale compute.
11:30 PM - Session 2: AI Data Centers & HPC (30 min)
Follow the power from the grid to the GPU rack: data center energy needs, interconnection bottlenecks, and power strategies, then high-density computing, GPU interconnects, liquid cooling, and utilization economics. We’ll also explore why AI and Bitcoin mining have different flexibility needs, and how those differences shape where they’re built.
12:00 PM - Session 3: Bitcoin Mining as an Energy Business(30 min)
Hashprice, breakeven electricity costs, curtailment revenue, demand response. Why a miner's real product is grid flexibility sold at the right moment, how hashprice moderates that response, and what the playbook looks like for operators in India and the GCC.
12:30 PM - Session 4: Firefish, Borrow Against Your Bitcoin, Don't Sell It (30 min)
Live walkthrough: post a loan request, get matched with a lender, lock collateral in 3-of-3 multisig on Bitcoin mainnet, receive fiat or stablecoins, repay in one lump sum. The 50% LTV / 2:1 overcollateralization model, liquidation and top-up mechanics, and how miners use it to pay electricity bills in fiat without touching their stack.
What you'll walk away with
A working mental model of how power gets priced, and where compute fits on that curve
The full path from interconnection queue to GPU rack: campus loads, PPA structures, power density, interconnect, cooling, and utilization economics
A framework for evaluating a mining operation as an energy trade, not a crypto bet
Hands-on clarity on non-custodial Bitcoin-backed lending — terms, risks, mechanics
Who should attend
Energy traders and analysts · Bitcoin miners and aspirants · Data center and colocation operators · HPC, cloud, and AI infrastructure engineers · Power sector professionals curious about flexible load · Bitcoin holders who'd rather collateralize than sell · Founders building at the compute-energy-finance intersection
About Firefish
Firefish is an open, non-custodial marketplace for Bitcoin-backed loans. Borrowers lock BTC in on-chain multisig escrow and receive fiat or stablecoin liquidity without selling — no credit checks, 50% LTV, terms from 3 to 24 months. Lenders earn secured yield on overcollateralized loans. Firefish is MiCA-authorised as a crypto-asset service provider and has facilitated over $100M in loan volume.
About Bitcoincierge
Bring your Bitcoin products brand to 1B+ Indians. We connect your product & services with Bitcoiners through IRL events.